Identifying talent early might be the antidote to male-dominated boardrooms.
Evelyn Orr, Vice President and COO of Korn Ferry Institute, told Cheddar that that might have been what helped the women executives she spoke to break into the “Boys’ Club”.
“It didn’t occur to them that they could be CEO in their career,” she said, “until someone pointed it out to them and literally tapped them on the shoulder and said, ‘You’ve got what it takes, step-up, let’s do this!”
The lack of women in the C-Suite as been a persistent problem in corporate America. One Peterson Institute study found that a majority of firms have no female board members, and just over half had no female execs at the topmost levels. Fewer than 5 percent had a female CEO.
Orr, who interviewed 57 female execs for her study, puts the onus on companies and encourages leaders to look out for employees that show drive early on.
“Those are the raw ingredients that can lead people to be in the CEO pipeline,” she said.
As for women looking to get an executive position, she says that the best step is to understand how a company operates.
“Get close to how the business makes money, seek out jobs that are running a product line, running a P&L,” she said. “The closer women can get to how a business is making money, the better.”
For full interview [click here](https://cheddar.com/videos/how-to-raise-more-women-to-the-c-suite).
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
